English, Article edition: Cournot's model applied to cellphone service in Colombia, 1995-2001 Mora R. Jhon James

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/28613
Physical Description
  • article
Language
  • English

Edition details

Title
  • Cournot's model applied to cellphone service in Colombia, 1995-2001
Author
  • Mora R. Jhon James
Physical Description
  • article
Notes
  • Purpose – The purpose of this paper is to develop and empirically test the conditions that describe adjustment velocities to reach equilibrium under Cournot's duopoly model. Design/​methodology/​approach – The paper uses a vector error correction (VEC) framework as the basis for determining and testing adjustment velocities using data about cellphone service in Colombia in the time period from 1995 to 2001. Findings – Empirical evidence suggests the following: first of all, companies operating in the cellphone market behave as cournot's competitors and have constant marginal costs; secondly, cellphone companies operating in the eastern zone of Colombia are in long-term equilibrium; and lastly, equilibrium adjustment velocities are statistically significant. As predicted by theory, in terms of welfare, the existence of equilibrium in Cournot's model implies that cellphone users in the eastern zone of Colombia enjoy a small consumer surplus. Originality/​value – Testing the microeconomic implications of the equilibrium dynamics of Cournot's model, using a VEC framework.
  • Colombia, Service levels, Telecommunication services
  • RePEc:eme:jespps:v:33:y:2006:i:6:p:469-477
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment